Maan Aluminium Limited has announced that it has received in-principal approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) for the issuance of 59,00,000 Equity Shares. These shares, with a face value of ₹5 each, will be issued at a price of not less than ₹141 each, catering to both promoter and non-promoter categories on a preferential basis. The approval from the stock exchanges is subject to the company fulfilling several conditions, including timely filing of the listing application post-allotment, obtaining all necessary statutory and regulatory approvals, and adhering to SEBI (LODR) Regulations, 2015, the Companies Act, and other applicable laws. The exchanges reserve the right to withdraw the approval if any submitted information is found to be incorrect or misleading. The approval letters from NSE and BSE were received on January 6, 2026, and the company formally informed the exchanges about this development on January 7, 2026.
